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☆ Inside Amazon's secret 'Bowser' project to build thousands of cashier-less Go stores in the suburbs: Talks with oil giant BP, 10,000 gas stations, and Walgreens-style retail pharmacies
▼ + stars: | 2022-01-27 | by ( Eugene Kim | ) www.businessinsider.com time to read: +7 min

Amazon held talks with BP in 2020 about potentially selling gas at its cashier-less Go stores. Amazon has considered selling gas at thousands of cashier-less Go stores, part of a broader effort to go after the suburban convenience-store market, Insider has learned. "We are convinced that to achieve national scale with Amazon Go, we need a model that works in the suburbs," the internal Amazon document stated. AP Photo/Ted S. WarrenOne major concern that came up was how selling gas would conflict with Amazon's commitment to its climate pledge. 'Just Drive Off'Another new component of the suburban Go store Amazon discussed was a curbside-pickup service called "Just Drive Off."

Persons: Amazon, Bowser, Dilip Kumar, Ted S, reinvesting, it's, Dave Clark, QuikTrip, Eugene Kim Organizations: Amazon, BP, Walgreens, Foods, Amazon ., AP, Warren Locations: WaWa

☆ The first human study has launched to treat HIV patients with CRISPR. The CEO of the gene-editing startup says it could be a one-time cure.
▼ + stars: | 2022-01-27 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +7 min

A San Francisco biotech is trying to cure HIV with the gene-editing tool CRISPR. Excision BioTherapeutics launched the first-ever CRISPR study for HIV patients on Thursday. Excision BioTherapeutics just launched the first clinical trial to see if a one-time IV infusion can effectively cure HIV. In the fall of 2021, the Food and Drug Administration OK'd Excision's plans to begin human testing, setting the stage to now start dosing HIV patients. The NIH also awarded a small research grant last August to support Excision's cofounder and Temple University researcher Kamel Khalili's work on an HIV cure.

Persons: BioTherapeutics, Daniel Dornbusch, Dornbusch, Fyodor Urnov, Urnov, Louis, Brigham, Francis Collins, Food and Drug Administration OK'd, Kamel Khalili's, nothing's, Sangamo hasn't Organizations: Innovative Genomics Institute, Washington University of St, University of California, Cooper University Hospital, Women's Hospital, Volunteers, Nature Communications, National Institutes of Health, Food and Drug Administration, Temple University, Sangamo Therapeutics, San Francisco, Verve Therapeutics, Caribou Biosciences Locations: Francisco, San Francisco, New Jersey, Boston, SIV, California, Cambridge , Massachusetts

☆ How this Target veteran is jumpstarting Gopuff's private-label business, one of the ultrafast's best bets at profitability ahead of its potential IPO
▼ + stars: | 2022-01-27 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Jessica Glendenning, a 15-year veteran of Target, is behind Gopuff's private label, Basically. In the past, private-label brands tended to be plastic bags of knockoff cereal and jars of peanut butter with the same branding as wartime rations. Gopuff's initial line of products under its private label Basically, including bottled water, paper towels, and habanero-BBQ almonds. Private-label products will be key to ultrafast-delivery companies' growth, said Brittain Ladd, a retail and logistics consultant. The goal, she added, is to "curate" Gopuff's selection of private-label items.

Persons: Jessica Glendenning, —, Glendenning, Gopuff, Brittain Ladd, Ladd, It's, Axios Organizations: Target, Walmart, Foods, DTC, Private

☆ China's Xi says country's low carbon push must guarantee energy, food security
▼ + stars: | 2022-01-26 | by ( ) www.reuters.com time to read: +2 min

A surveillance camera is seen near a coal-fired power plant in Shanghai, China, October 14, 2021. "Reducing emissions is not about reducing productivity, and it is not about not emitting at all," Xi was quoted by state news agency Xinhua as saying. "We must stick to the overall planning and ensure energy security, industrial supply chain security and food security at the same time as cutting carbon emissions," he said. With energy supplies still a major concern after a wave of shortages hit manufacturers last year, Xi also told Party leaders that "the gradual withdrawal of traditional energy must be based on the safe and reliable replacement by new energy." China's state planning agency also said in December that it will loosen blanket restrictions on energy consumption in order to ensure environmental targets do not erode growth.

Persons: Aly, Xi Jinping, Xi, Zhang Bo, David Stanway, Muyu Xu, Kim Coghill Organizations: REUTERS, Communist Party, Reuters.com, Xinhua, Ministry, Ecology, Thomson Locations: Shanghai, China

☆ Gaza's first health food store offers sweet alternative for diabetics
▼ + stars: | 2022-01-26 | by ( Nidal Al-Mughrabi | ) www.reuters.com time to read: +2 min

GAZA, Jan 26 (Reuters) - Diabetics and the calorie-conscious can enjoy a richer diet at Gaza's first health food store, where cookies, sweets and other foods are prepared with a sugar substitute. Instead of sugar, she uses stevia, a sweetener derived from the leaves of the stevia plant. It is one of the sugar substitutes approved by the U.S. Food and Drug Administration for use by diabetics, who must closely monitor their blood sugar levels. Palestinian health officials said about 100,000 people suffer from diabetes in the Gaza Strip, which has a population of 2.3 million. It makes it possible to come to a guaranteed store, without having to think where to go," said Mahmoud Abu Al-Ouf, a diabetes patient.

Persons: Jan, Hana Al, Wakeel, optometrist, Emme Moataz, Mahmoud Abu Al, Nidal al, Jeffrey Heller, Emelia Organizations: U.S . Food, Drug Administration, Reuters, Thomson Locations: GAZA, Gaza City, Gaza

☆ Opinion: Surging food prices are hurting those who can least afford it. This is what needs to happen
▼ + stars: | 2022-01-26 | by ( Opinion Dana Peterson For Cnn Business Perspectives | Opinion Dana Peterson For | ) edition.cnn.com time to read: +4 min

Food prices in December 2021 increased by 6.3% from a year earlier, according to the Bureau of Labor Statistics' (BLS) Consumer Price Index . In a modern economy, no one should struggle to eat because of spiking food prices. Still, we could see prices rising even further. As long as the lingering pandemic gums up supply chains and constricts the labor supply, firms may feel obligated to raise prices, especially for food. But rate rises should also help calm inflationary pressures, especially as the temporary drivers of higher food prices, including supply chain disruptions, persist.

Persons: Dana Peterson Organizations: Conference Board, Federal Reserve, Bureau of Labor Statistics, Survey

United Nations Secretary-General Antonio Guterres gestures as he attends a news conference at the end of his visit to Lebanon, in Beirut, Lebanon December 21, 2021. "We need to suspend the rules and conditions that constrict not only Afghanistan's economy, but our lifesaving operations. At this moment of maximum need, these rules must be seriously reviewed," Guterres told the 15-member council. "We need to jump-start Afghanistan's economy through increased liquidity. The United Nations earlier this month appealed for $4.4 billion in humanitarian aid for Afghanistan in 2022.

Persons: Antonio Guterres, Mohamed Azakir, Guterres, Deborah Lyons, Lyons, Michelle Nichols, Jonathan Landay, Jonathan Oatis Organizations: United Nations, REUTERS, UNITED NATIONS, Security, Central Bank, Trust Fund, World Food Program, UNICEF, Thomson Locations: Lebanon, Beirut, Afghanistan

☆ How an alternative-meat company snagged $50 million in funding, according to its cofounder and its latest investor
▼ + stars: | 2022-01-26 | by ( Sasha Weilbaker | ) www.businessinsider.com time to read: +4 min

Meati announced it raised $50 million in July from investors such as the former CEO of Patagonia. But Huggins added that "this is a capital-intensive business." "I think we've got a good approach to bringing on investors that are vision- and mission-aligned with Meati," Huggins said. "For us, Meati was the company that we had been waiting for," Mann added. Mann added: "A lot of the alternative proteins that are being developed are not actually healthy.

Persons: Meati, Lucas Mann, Rose Marcario, Walter Robb, Grant Achatz, Tyler Huggins, Justin Whiteley, Huggins, —, we've, Mann, they'd, Acre, Tyler Organizations: Acre Venture Partners, Foods, The University of Colorado, Barclays Locations: Patagonia, The University of Colorado Boulder, Boulder, United States, Colorado, Acre, Meati

Good to Excellent A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.8 out of 5 Stars Editor's Rating A tooltip Our editor's ratings are primarily based on 3 things: simplicity, affordability, and value. Good to Excellent A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.8 out of 5 Stars Editor's Rating A tooltip Our editor's ratings are primarily based on 3 things: simplicity, affordability, and value. Excellent A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.65 out of 5 Stars Editor's Rating A tooltip Our editor's ratings are primarily based on 3 things: simplicity, affordability, and value. Excellent A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.65 out of 5 Stars Editor's Rating A tooltip Our editor's ratings are primarily based on 3 things: simplicity, affordability, and value. If you've also got a Capital One travel credit card, like the Capital One Venture X Rewards Credit Card, Capital One Venture Rewards Credit Card, or Capital One Spark Miles for Business , you can turn the cash back you earn with the Capital One Savor Cash Rewards Credit Card into Capital One miles.

Persons: Uber, We're, DashPass, Uber Cash, Chris Steak, Cash, it's, you've, Read, Wiley, Julie Mehretu, HBO Max, you'll Organizations: Chase, Chevron, DoorDash, U.S, American, Reserve, Walmart, Business, Hilton, Marriott, Saks, American Express, Entertainment, The New York Times, Centurion, Netflix, Hulu, Spotify, Apple Music, Disney, HBO, EV, Bank Locations: U.S

☆ U.S. House panel seeks information from meat processing firms on rising prices
▼ + stars: | 2022-01-25 | by ( Kanishka Singh | ) www.reuters.com time to read: +2 min

Samuel Corum/Pool via REUTERSJan 25 (Reuters) - The chairman of the U.S. House of Representatives subcommittee on economic and consumer policy sent a letter on Tuesday to major U.S. meat processing companies, seeking information on rising prices and profits. Representative Raja Krishnamoorthi, the chairman of the panel, asked for information about price increases on beef, pork and chicken products, the panel said on Tuesday. Krishnamoorthi has asked for information and documents from each company by Feb. 8, explaining their decision to increase prices of their products despite rising profits. He also asked for an explanation from the companies on what they planned to do to lower prices in the coming year. The White House, hammered by Republicans over rising inflation, is scrambling to combat rising prices by clearing supply chain logjams and tackling what it views as uncompetitive practices by big companies, which are reporting big profit gains as consumers suffer.

Persons: Raja Krishnamoorthi, Gordon Sondland, Donald Trump, Samuel Corum, Krishnamoorthi, Kanishka Singh, David Gregorio Our Organizations: European Union, Intelligence, Capitol, REUTERS, U.S . House, Tyson Foods, JBS, Beef and Seaboard, Thomson Locations: Washington , U.S, Pool, U.S, Bengaluru

☆ U.S. indoor vertical farm Plenty gets big injection of cash and Walmart deal
▼ + stars: | 2022-01-25 | by ( Jane Lanhee Lee | ) www.reuters.com time to read: +3 min

The fact that Plenty also has a path to growing strawberries and cherry tomatoes at scale, and not just leafy greens, was another advantage, he said. In late 2020 Plenty raised funds from berry brand Driscoll’s and signed a joint development agreement to grow Driscoll’s strawberries. Mundo said once Plenty’s new farm in Compton, California comes on line later this year, it will serve leafy greens to all of the Walmart stores in the state. In May New York-based indoor vertical farming startup Bowery Farming raised $300 million in a round that put the company valuation at $2.3 billion. “What we've seen during the pandemic is they're selling everything they can produce,” Rose said about the indoor farms.

Persons: Martin Mundo, Arama Kukutai, Matt Barnard, ”, Mundo, AeroFarms, Michael Rose, ” Rose, “ We're, We're, Jane Lanhee Lee, Stephen Coates Organizations: Retail, Walmart Inc, South San, Walmart, U.S, Reuters, Better Food Ventures, ”, Thomson Locations: California, South San Francisco, Plenty, Compton , California, New York

☆ Biden Administration Limits Use of Regeneron and Lilly Covid-19 Antibody Drugs
▼ + stars: | 2022-01-25 | by ( Joseph Walker | ) www.wsj.com time to read: 1 min

The Biden administration restricted the use of two monoclonal antibody drugs for Covid-19 because they are unlikely to be effective against the Omicron variant. The drugs— Regeneron Pharmaceuticals Inc.’s REGEN-COV and Eli Lilly & Co.’s bamlanivimab and etesevimab—shouldn’t be used in any U.S. states, territories or jurisdictions at this time, the Food and Drug Administration said Monday.

Persons: Biden, Eli Lilly Organizations: Omicron, Regeneron Pharmaceuticals Inc, Food and Drug Administration

☆ The best places to eat in Bangkok: A food guide to the Thai capital
▼ + stars: | 2022-01-25 | by ( Duncan Forgan | ) www.cnbc.com time to read: +6 min

That's why eating is a thread that runs through even a short stay in the Thai capital. "Tourists want to taste what Thai food is all about — they want to try the traditional recipes," he said. Snacking is a huge part of Thai eating culture. For a break from Thai food, travelers can head to Yen Akat Road — one of the area's most happening thoroughfares — for beef tartare and truffle risotto at Cagette Canteen & Deli. Mango sticky rice is a simple but famous Thai dessert made with glutinous rice, coconut milk, ripe mangos and mung beans.

Persons: woks, Luk Yun, Mataba, Palani Mohan, Thitid, Tassanakajohn, Lao Tang, Jay Fai, kee mao, Supinya Junsuta, Anusak, Andrew Martin, Jok Prince, it's, Chef Yip, Som Tam Jay So, Baan, there's, Pongmorn, Yen, Suhring, Luka, Paste —, El Mercado Organizations: Michelin, NurPhoto, Chong Nonsi, iStock, Washington Post, Getty Locations: Bangkok, Thai, Chinatown, Wat Pho, Banglamphu, pandan, Palani, Lao, Thailand, Silom, Mariamman, Chong, Europe, Siam, Siri, —, Appia, Zealand

☆ Walmart makes an investment in vertical farming start-up Plenty
▼ + stars: | 2022-01-25 | by ( Melissa Repko | ) www.cnbc.com time to read: +4 min

Plenty uses vertical farming to grow a high volume of leafy greens year-round. Walmart said Tuesday that it is investing in vertical farming company Plenty and plans to carry the start-up's leafy greens in all California stores later this year. Vertical farming comes with several key benefits compared with traditional farms, according to a report by Morgan Stanley Research on the future of food. San Francisco-based Plenty is one of several start-ups involved with vertical farming. Starting later this year, Walmart's 250 stores in California will have leafy greens grown in a vertical farm in the city of Compton in southern Los Angeles.

Persons: Martin Mundo, Morgan Stanley, Arama Kukutai, Kukutai, Eric Schmidt's, Jeff Bezos, — CNBC's Lora Kolodny Organizations: Walmart, One Madison Group, JS Capital, SoftBank Vision Fund, Morgan Stanley Research, Albertsons, Foods, Bowery, Finistere Ventures, Bezos Expeditions Locations: California, Plenty, U.S, Francisco, Compton, Los Angeles, East

☆ The Kroger strike is over and some workers will get a $5 an hour raise
▼ + stars: | 2022-01-25 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

Kroger's King Sooper's workers in Colorado have ended their strike and ratified a new contract. They're the latest group of low-wage workers to push back and demand more from employers. Over 8,000 Kroger King Sooper's workers had been on strike starting January 12. Now, according to United Food and Commercial Workers Local 7, members have "overwhelmingly" voted to ratify the new contract. Millions of others have voted with their feet, with the number of workers quitting reaching record highs, and a record 1 million low-wage workers quitting in November.

Persons: King, Kroger King, Soopers, it's, Kim Cordova, Elizabeth Warren, Bernie Sanders, Rodney McMullen, Kroger's, Codova Organizations: Service, Privacy, Workers, King Soopers, Kroger, United Food, Commercial Workers Locations: Colorado, UFCW

☆ Psaki says it's 'crazy' for Florida Gov. Ron DeSantis to push COVID-19 antibody treatments 'that don't work'
▼ + stars: | 2022-01-25 | by ( Oma Seddiq | Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Psaki said it was "crazy" for DeSantis to continue pushing antibody treatments the FDA says don't work. The FDA announced that monoclonal antibody treatments aren't effective against Omicron and limited their use. Ron DeSantis to continue advocating for the use of monoclonal antibody treatments after the Food and Drug Administration restricted the treatments, citing inefficacy against the dominant Omicron variant of COVID-19. Psaki said the Biden administration is investing in a range of treatments, including monoclonal antibodies, pre-exposure treatments, and oral antiviral pills. Florida health officials announced late Monday that it would be closing all of its monoclonal antibody treatment sites in light of the FDA's decision.

Persons: Psaki, DeSantis, Biden, Jen Psaki, Ron DeSantis, who's, he's Organizations: FDA, Omicron, Service, White, Florida Gov, Food and Drug Administration, omicron, Centers for Disease Control, Republican Locations: Florida

☆ ‘Eating to Extinction’ Is a Celebration of Rare Foods and a Warning About the Future
▼ + stars: | 2022-01-25 | by ( Molly Young | ) www.nytimes.com time to read: +3 min

In Venezuela, he wafts a chocolate bar made with rare criollo under the reader’s nose. The focus is on “landrace” foods, those adapted to thrive in specific locations and passed down over generations. Image Dan Saladino, the author of “Eating to Extinction.” Credit... Artur TixiliskiSaladino proves that one path to a reader’s sustained attention is through her stomach. A couple hundred years ago, a traveler may have noticed breads growing distinctly flatter as she voyaged north through Europe. When Saladino tastes a piece of fermented mutton, he detects “just a hint” of decay.

Persons: Saladino, Dan Saladino, Artur Tixiliski Saladino, ingeniously, “ Locations: Venezuela, Colorado, Orkney, Scotland, Tanzania, Australia, Europe, Faroe, Faroese

☆ Surging Food Prices Turn More Shoppers Into Bargain Hunters
▼ + stars: | 2022-01-24 | by ( Jaewon Kang | ) www.wsj.com time to read: 1 min

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Organizations: Wall Street

☆ The Alzheimer’s Death Panel
▼ + stars: | 2022-01-24 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

President Biden says he wants to increase healthcare access. But this is hard to square with the Centers for Medicare and Medicaid Services’ unprecedented proposal this month to restrict Medicare payment for a class of novel Alzheimer’s treatments. The CMS recommendation follows the controversy over Food and Drug Administration approval last summer of Biogen ’s Alzheimer’s treatment Aduhelm. The monoclonal antibody clears amyloid plaque in the brain, a hallmark of the disease. It is the first treatment shown in clinical trials to slow Alzheimer’s progression.

Persons: Biden Organizations: Centers, Medicare, Services, Food, Drug

☆ The Best Brain Foods You’re Not Eating
▼ + stars: | 2022-01-24 | by ( Tara Parker-Pope | ) www.nytimes.com time to read: +3 min

Whether a participant ate comfort food, any food or no food didn’t make a difference in the person’s mood. “If you eat comfort food you might feel better, but if you didn’t eat it, you would also feel better just with time going by,” said Dr. Mann. About half the patients were given nutrition counseling for a Mediterranean-style diet, as well as food baskets containing sample foods, recipes and meal plans. Your glial cells, for example, which make up a substantial portion of the brain, are dependent on omega-3 fats. Minerals including zinc, selenium and magnesium provide the foundation for cell activity and brain tissue and the synthesis of neurotransmitters that directly affect mood.

Persons: ”, Mann, “, wasn’t, There’s, Drew Ramsey Organizations: Columbia University Vagelos College of Physicians and Surgeons Locations: Spain, New York

☆ U.S. FDA declines to approve Merck's cough treatment
▼ + stars: | 2022-01-24 | by ( ) www.reuters.com time to read: +1 min

A view of the Merck & Co. campus in Linden, New Jersey March 9, 2009. REUTERS/Jeff ZelevanskyJan 24 (Reuters) - Merck & Co (MRK.N) said on Monday the U.S. Food and Drug Administration declined to approve its experimental drug for the treatment of chronic cough and sought additional information on the treatment's effectiveness. Merck said it would meet with the agency to discuss the next steps on the oral drug, gefapixant. Register now for FREE unlimited access to Reuters.com RegisterIf approved later, gefapixant would become the first such remedy for patients who have a persisting cough after the treatment of underlying health conditions such as asthma or if they have an unexplained chronic cough, Merck said. Last week, Japan's health regulator approved gefapixant tablets for adults with refractory or unexplained chronic cough, to be marketed under the brand name Lyfnua.

Persons: Jeff Zelevansky Jan, Merck, gefapixant, Manojna, Saumyadeb Chakrabarty Organizations: Merck & Co, REUTERS, U.S . Food, Drug Administration, gefapixant, Thomson Locations: Linden , New Jersey, U.S, Bengaluru

☆ Fast-food value meals return to menus, but the deals aren't as cheap
▼ + stars: | 2022-01-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

Faced with climbing food and labor costs, restaurant chains are tweaking their value meals, trying to strike a balance between driving traffic growth in slower months and maintaining profit margins. But now chains are also raising prices on their value meals or focusing on promoting menu items that are experiencing lower inflation. In July through September, 17% more restaurant operators were offering value meals on their menus, compared with the same time a year ago, according to Technomic Ignite data. The cost of breakfast value meals climbed 19.6%, and snack value meals saw their prices rise 11.5%. However, the overall average price of value meals fell by 1.3% compared with the year-ago period, the researcher said.

Persons: Peter Saleh, Saleh, David Henkes, Ritch Allison, Allison, we're, Olbinsky, Rick Cardenas, El, Laurance Roberts Organizations: Little Caesars, Brands, CNBC, Darden, El Pollo Loco, Burger King Locations: Technomic

☆ Here's what you need to know about getting free at-home Covid tests with your health insurance
▼ + stars: | 2022-01-24 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

luza studios | E+ | Getty ImagesPrivate health insurers are rolling their procedures for people to get their at-home Covid tests at little to no charge. The 150 million Americans who have private health insurance are eligible. What if I don't have private health insurance? The federal government will be providing up to 50 million free, at-home tests to community centers and Medicare-certified health clinics. When should I use an at-home test?

Persons: Biden, who've, Lindsey Dawson, Sabrina Corlette, Georgetown University's, Dawson, hasn't Organizations: Getty, Kaiser Family Foundation, Medicaid, Center, Health, Georgetown, Georgetown University's McCourt School of Public, U.S . Food, Drug Administration

☆ U.S. FDA to restrict use of Regeneron, Lilly COVID antibody drugs - WaPo
▼ + stars: | 2022-01-24 | by ( ) www.reuters.com time to read: +2 min

An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. REUTERS/Mike SegarJan 24 (Reuters) - The U.S. Food and Drug Administration (FDA) is likely to restrict the use of COVID-19 antibody treatments from Regeneron (REGN.O) and Eli Lilly (LLY.N) as they are ineffective against the Omicron variant, the Washington Post reported on Monday. The FDA action will involve revising the emergency use authorizations for the monoclonal antibodies, the report said, citing two senior administration health officials. However, the agency will not revoke the emergency use authorizations in case the drugs work against a future COVID-19 variant, according to the report. GSK and Vir Biotech are boosting production of their drug to help meet soaring demand in the United States.

Persons: Eli Lilly, Mike Segar Jan, Lilly, Vir Biotechnology's, sotrovimab, Amruta Khandekar, Devika Organizations: Company, REUTERS, U.S . Food, Drug Administration, Omicron, Washington Post, FDA, GlaxoSmithKline, GSK, Vir Biotech, Thomson Locations: Branchburg , New Jersey, U.S, United States

☆ FDA poised to stop monoclonal antibody treatments that are ineffective against the Omicron COVID-19 variant
▼ + stars: | 2022-01-24 | by ( Jake Epstein | ) www.businessinsider.com time to read: +2 min

The FDA is set to stop monoclonal antibody treatments, according to multiple reports. The treatments are thought to be a ineffective remedy against the Omicron COVID-19 variant. Bloomberg reported that the drugs made by the two companies haven't been proven to effectively treat patients infected with the new, highly transmissible Omicron variant. Antibody treatments from GlaxoSmithKline and Vir Biotechnology, however, appear to be effective and will remain in use, the report said. The agency estimates that the highly transmissible Omicron variant is responsible for over 99% of all COVID-19 cases in the country, according to the latest figures from January 15.

Persons: Eli Lilly, Regeneron, haven't Organizations: FDA, Omicron, Service, Food and Drug Administration, Washington Post, Bloomberg, GlaxoSmithKline, Vir Biotechnology, for Disease Control

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